Associate Director, Regulatory Change Management

What is the opportunity?

This role will be responsible for developing and overseeing a comprehensive regulatory change management program to ensure RBC's compliance with regulatory requirements. This second line of defense (2LOD) role is responsible for the governance and oversight of RBC's enterprise-wide regulatory change framework that monitors, assesses, documents, and operationalizes federal and state regulatory developments across RBC's operations globally.

What will you do?

• Act as a subject matter expert on the Regulatory Change Management (RCM) Framework and Regulatory Change Management Standard and supporting procedures and processes
• Implement and oversee the RCM Program governance model inclusive of coordination of the oversight committee, internal communications, and reporting to executive leadership
• Conduct training for program stakeholders regarding program requirements, minimum standards, and best practices
• Identify key gaps in the execution of the Regulatory Change Management Standard and recommends possible methodology improvement and training opportunities
• Develop and maintain robust relationships with Regional Hub Leaders as well as Compliance Oversight and Advisory Teams to support consistency of execution and maturity of the RCM Program, working in coordination with relevant teams
• Keep current on emerging risks, trends and evolving regulatory requirements for Compliance
• Serve as central point of contact for independent testing inclusive of Internal Audit, Compliance Testing, and Regulatory Exams
• Support tracking of implementation of process/control changes and post-implementation reviews
• Support for offline processes such as the Law Group engagement model

What do you need to succeed?

• BA/BS Degree Required
• 7-10 years of compliance (or equivalent) experience obtained in a financial institution, accounting, consultancy, or law firm
• Certifications such as CRCM is a plus
• Familiar with regulations and compliance strategies and risk management; possesses and demonstrates expertise in the advisory, policy, change management, project management and operations
• Experience with of RegTech platforms such as Archer, CUBE or Compliance.ai
• Experience with building and maintaining an enterprise-wide regulatory inventory

Nice to Have

• Exceptional interpersonal skills and superior judgment
• Solution driven
• Ability to accept accountability, assume pro-active leadership, demonstrate initiative, and lead by example in teamwork, cross-unit co-operation, information sharing
• Ability to maintain confidentiality of highly sensitive information
• Advanced skills in Microsoft Excel and PowerPoint
• Strong written and oral communication skills

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $110,000-190,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.